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Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help (www.cnbc.com)

submitted 5 months ago by Blaze@reddthat.com to c/personalfinance@lemmy.ml

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[–] makeasnek@lemmy.ml 1 points 5 months ago

You can't save if your currency is constantly losing value. Putting money in a savings account is just slowly moving value from you to whoever controls the money printer and expands the supply.